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Tepnel Life Sciences - NO RECOMMENDATION

Companies: TED   
08/10/1999

Investors in Tepnel, the DNA diagnostic systems outfit, have been presented with pre-tax losses of £2.38m at the interim stage to June - in line with company forecasts. In an upbeat statement, the board said that a new DNA purification instrument had provoked a considerable amount of commercial interest since its launch at a US scientific fair in the summer. However, it was unable to impart news of anything concrete in the way of commercial contracts. Turnover at the halfway stage was £174,000.

Market cap: £23.9m
PE Average: 29
PE Forecast: n/a
PE Historic: n/a
Share price: 49.0p

AIM£26.28m 11.00p 0.00p
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